In Jackson Hole speech last Friday, Fed’s governor Jerome Powell indicated that the Fed is serious in fighting inflation and will not pivot early. He also suggested that further hikes are likely as inflation rate continues to be elevated. The pace of change in inflation has started to slow down after a series of hikes […]

Short Term Elliott Wave View in XAUUSD  suggests rally to 1765.59 ended wave 2. Wave 3 lower is in progress to complete a cycle from August 10th, 2022 high. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Up from wave 1, wave (a) ended at 1743.85 and pullback in wave […]

The Toronto-Dominion Bank (TD), together with its subsidiaries, provides various financial products & services in Canada, US & internationally. It operates through three segments: Canadian retail, US retail & Wholesale banking. It is based in Toronto, Canada, comes under Financial services sector & trades as “TD” ticker at NYSE. TD ended wave I at $86.02 […]

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of 10 Year Notes ( $ZN_F) .  As our members know, ZN_F has given us recovery against the 135’17 peak- wave ((4)). Once we got the signs that turn is ready to happen, we label cycle from […]